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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (172866)6/7/2021 9:35:15 AM
From: Julius Wong  Read Replies (1) | Respond to of 218800
 
Microstrategy raising another $400M to buy more bitcoin

Jun. 07, 2021 8:49 AM ET MicroStrategy Incorporated (MSTR), BTC-USD By: Stephen Alpher, SA News Editor 24 Comments

Photo by peshkov/iStock via Getty Images

Hot off the heels of his appearance at the Bitcoin 2021 conference over the weekend, Michael Saylor's Microstrategy (NASDAQ: MSTR) announces a private offering of $400M of senior secured debt.

Proceeds will be used to buy more bitcoin ( BTC-USD). The company currently holds more than 92K coins.